ETH 557 Week 4 Individual Ethics of Penn Square Bank and the Dow

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Resources: This week’s Electronic Reserve Readings Conduct additional research, and then answer each question in two 350- to 700-word responses: • Penn Square Bank: What were the ethical pressures on the firm concerning documentation, credit extension, and revenue recognition that lead to the final collapse? What should have been done to reduce or offset these pressures? • Dow Corning Bankruptcy: What were the business’ ethical challenges involved in filing bankruptcy for Dow Corning?